I agree with PC. They are saying currently they believe the company is at a point where 54c is where the company could be valued. This is comparing them with other companies, their deal, assets outlook etc.
People seem to want to forget that we have a $10 million + deal already with Addman. They want to forget the the EXIM loan of $38 million AUD, the fact that we had $19 Million in the bank did a $22 Million placement at 30c. So that's a mere $79 million in cash finance available to the company. 50% of our MC is available to us moving forward. Then the fact we have $40 Million plus in assets with atomisers, IP, factory fit out and deals made.
Sit back let that sink in and think, imagine when a Ti64 or another c-103 deal comes in. Likely deals to come forward at any moment (between now and Christmas ) IMO.
Northrop Grumman
Velo 3D
Oak Ridge National Laboratory
3DA Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held
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) IMO.
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